Applications received for ten new casinos: State Minister
Applications have been received for ten new casinos but the government is yet to grant its approval, State Minister of Finance Ranjith Siyambalapitiya informed Parliament today.
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Japan urges early signing of debt MoU between Sri Lanka and creditors
Japan restated the importance for early completion of signing of a Memorandum of Understanding (MoU) between Sri Lanka and creditor nations on debt restructuring, after an agreement was reached in principle late last year.
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Chinese spice importers on tour in Sri Lanka
A delegation of Chinese spice importers is presently on tour in Sri Lanka to discuss furthering trade links with local producers.
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Official reserves to surpass 4 B USD this year - PMD
Sri Lanka’s gross official reserves are expected to surpass over USD 4 billion by the end of this year with the USD 780 million notable inflows of foreign exchange to the government, the President's Media Division (PMD) said.
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Cabinet green-lights PPA with United Solar Group for 700 MW solar power project in Kilinochchi
The Cabinet of Ministers on Monday cleared the signing of a power purchase agreement (PPA) with Australia’s United Solar to invest in a 700 MW solar power project with a 1,500 MWh battery energy storage system.
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Dr. Arosha Fernando to represent Sri Lanka at 'Future Leaders' programme
The long awaited 2023 Global Study Program for 'Future Leaders' from the Indo-Pacific Region will be conducted by the Ministry of Foreign Affairs in Taipei, Taiwan from the 13th-19th of December.
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Govt.open to reviewing inclusion of 97 items in VAT list - Siyambalapitiya
State Finance Minister Ranjith Siyambalapitiya said yesterday (08) that the government is prepared to reassess the inclusion of 97 out of the 138 items slated for the application of Value-Added Tax (VAT) starting January 1, 2024.
SME sector to get Rs.50 Bn ADB loan facility – DG Gunasiri
Director General of the Government Revenue Unit M. J. Gunasiri said that the country’s economy will be boosted by Rs. 250 billion next year.
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Janaka Ratnayake calls for immediate reduction of electricity tariffs
Former chairman of the Public Utilities Commission Janaka Ratnayake said his projection that the CEB’s expenditure for 2023 would be Rs. 575 billion has been proven correct.
President extends import levies on selected foods
Sri Lanka President Ranil Wickremesinghe extended Special Commodity Levy (SCL) for a raft of products including yogurt, butter, big onion, apples, oranges, and some fish from December 01.
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